BDSwiss Review 2025: Key Pros, Cons, and Trading Details
We’ve evaluated over 60 forex brokers, using a testing methodology based on 100+ data-driven variables and thousands of data points. Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages.
Main Insights from Exploring BDSwiss’s Tradable Assets
- Payoneer’s customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
- BDSwiss offers variable spreads that change depending on market situation and Account type preferences.
- BDSwiss does not charge deposit fees, but withdrawal fees may apply depending on the payment method and currency.
- Depositing funds into your BDSwiss account is generally free of charge.
- All client data is encrypted using state-of-the-art security software and kept strictly confidential without being passed onto third parties.
BDSwiss provides robust customer support, educational tools, and flexible account options. Whether you’re interested in retail or institutional trading, their platform accommodates various needs, ensuring an efficient and secure trading environment. Traders can reach the multilingual support team via live chat, email at , or by phone. The broker offers telephone support in multiple languages, including English, German, French, and Spanish. BDSwiss minimum deposit is 10$ for Classic account, which is an attractive opportunity to many traders.
Spreads
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply. In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace. When there’s absolutely no free margin left with the customer, BDSwiss will cease your own positions. If the losses in the stopped out position exceeds your account balance, you may encounter a negative account balance. You’ll discover the clean layout of this platform and the admirable features that are pleasant to work with.
With spreads starting from 1.6 pips and no commission, it allows access to over 70 assets. The minimum deposit is just $10, making it accessible for those with limited capital. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms. Having the right trading software and tools is essential for success in the forex market, whether you’re a seasoned professional or just starting your trading journey.
- CMC Markets’ Next Generation platform offers a robust, customizable trading experience.
- It features all of the best features of the desktop and web-based platforms and allows you to completely manage your account including deposits and withdrawals as well as interactive charting and trading.
- BDSwiss offers a highly flexible and secure range of payment methods for both deposits and withdrawals, with most transactions processed instantly.
- BDSwiss exemplifies dedication to customer satisfaction through its accessible, multilingual, and multichannel customer support.
- A monthly fee of $30 is deducted from account balance if no trading activity is recorded for more than 90 days.
- Yet, for trading fees is important to count on rollover for short and long positions is also an additional charge if you held positions overnight, as well as the margin requirement.
Are there any fees for depositing or withdrawing funds?
Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA). CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs.
Islamic Account
They are segregated in top tier banks to ensure that they cannot be used for any other purpose such as operational costs. Client funds should be readily available to withdraw in a prompt and efficient manner. BDSwiss offers over 250 CFD instruments across the five asset classes mentioned above. MT5 offers over 80 technical indicators, automated trading with Expert Advisors, multi-language support, and the ability to overlay analytical studies.
So even by the use of WebTrader you can make full out of trading, see trading snapshot below. BDSwiss Fees Based on our testing comparison to other brokers we found Forex spread on industry average for standard or Classic account, and competitive for Commission based accounts. So, with our view conditions might be better for commission account, compared to other brokers in industry since commission bdswiss forex broker review charged by BDSwiss is on low level.
The video lessons demonstrate how to apply Autochartist chart patterns and technical analysis to your trading. You may receive fast visual and auditory notifications on freshly developed chart patterns as well as chart patterns that are nearing completion. You can receive visual and audible notifications on freshly generated Fibonacci patterns as well as Fibonacci patterns that are nearing completion. It is great to see the broker provide traders with both of Autochartist and Trading Central, as it is not something that many brokers do. Forex.com and GO Markets being a few other options who do have both of these superb market analysis tools.
The BDSwiss raw account is most competitive in terms of the spread you can access. This starts from 0 pips although there is a commission of $5 per lot round turn added on forex trades. The account type also includes full Autochartist access alongside the VIP Trading Alerts and Webinars. The BDSwiss WebTrader Platform, was exclusively developed in house to better cater to the needs of our growing client base. BDSwiss is a reputable and well-regulated broker with a wide range of trading platforms, strong educational support, and high-leverage options. You can access over 1,000 CFD products across six asset classes at reasonable price with the BDSwiss MetaTrader 4 platform.